If you have a propensity for writing and you can slay with your prose, consider writing an ebook. While the market has certainly become saturated as of late, books that help teach people about a technical topic still sell extremely well. This is a great source of passive income but does require a large amount of effort at the outset before any money is generated.
As someone who has years of experience doing lead generation on a local blog. Getting enough “traffic” for an affiliate site is damn hard. Over the past couple of years, an injury to my foot has left me slightly disabled. Affiliate marketing makes sense for someone like me with prior blogging experience who now has limitations. I will start with one niche and add another site later. I’m hoping to see good results in within about 18 months. But that’s only because I know how to do a lot of things and I know what’s involved. You have to write consistently, work your SEO, pick your poison in social media and be engaged in it. It’s a lot of hard WORK. I feel sorry for anyone who got their site shut down because they didn’t know how to transfer their site to another host. That’s terrible.
Do you constantly come up with witty one-liners? Do you dream of the days of Mad Men-style advertising? If you’ve got some branding chops or just come up with imaginative copy, there are lots of opportunities to make money online through company naming and slogan contests. If you think you have a knack for names check out the Squadhelp platform where you can earn a little extra money online by naming brands, services, products, company slogans and even help out on the logo design front if you've got the chops.
I suggest that if you are not ready to put time, effort and a little money into building a website that you do stay a starter member, and look around. Use the information that is available. But please don’t expect to get everything for free. If your boss only paid you to work one hour a week, would you put in the effort to work 40. If you are not prepared to pay for further information, please be thankful for that which you can access for free.
Now, I know what you’re thinking. Most of the software and apps you use on a regular basis are made by massive companies or established development studios. Well, yes. But many successful apps, particularly those in the Apple and Google stores, are created and marketed by individuals and small businesses. In fact, independent developers made $20 billion in the App Store in 2016 alone.
Tom, I think they’re business model is based upon luring in the non-internet-savvy desperate unemployed worker and the retiree. It is a shame that they’ve been able to continue extorting money from folks, but in time they’re pump and dump scheme will eventually be exhausted. More social proof of their racket will emerge on blogs and social media, and they’re ownership over the search results for ‘wealthy affiliate review’, ‘wealthy affiliate scam’, etc, etc…will begin to slip. As Google and search continues to mature and evolve, their dying business model will continue to erode.
So many people dream of writing a book, but never go through with it. Yet no matter what, I’m sure you have experience and value you could give through writing a book. By packaging your skills and knowledge into a downloadable eBook that helps people learn a skill, advance their careers, or start a businesses, you can change someone’s life and even make good money online.